Supporting administrative infrastructure work has delayed the opening of the project, which used 95 pieces of Volvo Construction Equipment’s units, an official said
Saudi Arabia
Posted inPMV
Risk factor: underwriting work in the Middle East
We bring a critical eye to the subject of construction insurance and asks how insurers select projects in the Middle East.
Posted inPMV
Saudi crane collapse probe confirms SBG at fault
Investigation into deadly accident at the Makkah Grand Mosque strongly indicates operator error
Posted inPMV
Saudi: Wind caused Grand Mosque crane collapse
Officials from the Kingdom confirmed “heavy rain and strong winds” caused the crane collapse at Mecca’s Grand Mosque on Friday, 11 September
Posted inPMV
Saudi Arabia to follow UAE on fuel subsidies?
Reports suggest the UAE has “advised” Riyadh to “start small” as it considers the removal of fuel subsidies to combat plummeting oil prices and stabilise state expenditure and revenue
Posted inPMV
ABB books $150m power deal in Saudi Arabia
The scope of work involves the expansion of five substations, which are expected to accommodate Saudi’s increased electricity generation
Posted inPMV
Saudi Arabia cancels $201m Spanish rail contract
Oil price variations are suggested to have caused the Kingdom cancelling its agreement with Spain’s Talgo for the delivery of six high-speed trains
Posted inMachinery
Terex Trucks launches website to trade used trucks
The new website allows dealers to advertise, buy, and sell pre-used vehicles and machinery
Posted inPMV
Saudi’s equipment rental market set for 12% growth
Due to high acquisition costs of construction equipment, construction companies are choosing to rent units in increasing numbers
Posted inPMV
Zahid Group rolls out Saudi Volvo truck production
Zahid and Volvo JV produces its first truck in the Industrial Valley of King Abdullah Economic City